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KKR-backed LEAP India will open its Rs 2,480 crore IPO for subscription on August 7, with a price band of Rs 151-159 per share. The issue comprises a Rs 480 crore fresh issue and a Rs 2,000 crore OFS. The company plans to use proceeds to repay debt and for general corporate purposes. Shares are slated to list on August 14.
KKR-backed LEAP India's IPO opens on August 7; price band set at Rs 151-159
Impact Score
Market Sentiment
↑BullishPrimary Sectors
KKR-backed LEAP India will open its Rs 2,480 crore IPO for subscription on August 7, with a price band of Rs 151-159 per share. The issue comprises a Rs 480 crore fresh issue and a Rs 2,000 crore OFS. The company plans to use proceeds to repay debt and for general corporate purposes. Shares are slated to list on August 14.
Key Highlights
KKR-backed LEAP India will open its Rs 2,480 crore IPO for subscription on August 7, with a price band of Rs 151-159 per share.
The issue comprises a Rs 480 crore fresh issue and a Rs 2,000 crore OFS.
The company plans to use proceeds to repay debt and for general corporate purposes.
Source
Economic Times
Published
3h ago
Impact Score
75 / 100
Category
Capital Markets
Positive near-term momentum expected in Capital Markets as market digests this development.
What this means
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